Market Intelligence

Madison County, MS

Banking market profile · FDIC Summary of Deposits (SOD), June 30, 2025

Madison County, Mississippi, a core county of the Jackson-Vicksburg-Brookhaven, MS market, holds $5.5B in deposits across 23 insured institutions and 56 branches. BankPlus is the largest deposit holder at 22.8% share. The top three banks hold 57% of deposits, which places the county in the Moderate band. Deposits have grown 45.2% since 2020 while the branch count rose by 5.7%. It produces $8.1B of output, ranking #414 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$8.1B
#414 of 1,523
Population
116,298
#549 of 1,523
GDP per Capita
$69,902
#194 of 1,523
Deposit market
Deposits (SOD, 6/30/25)
$5.5B
#315 of 1,523
Deposits per Capita
$47,411
#108 of 1,523
Deposits per Branch
$98M
#619 of 1,523
Competitive structure
Insured Institutions
23
#170 of 1,523
Branches per 100k Pop.
48.2
#120 of 1,523
Median Deposits per Institution
$92M
The median deposits booked by a single institution in the county. #965 of 1,523. A lower figure means institutions typically hold smaller deposit positions here; it reflects local deposit presence, not an institution’s overall size. See Community & Regional Bank Share for institution scale.
Community & Regional Bank Share
82.1%
of county deposits held by banks with $100M to $100B in assets. #563 of 1,523. A higher share points to a market where small to mid-size institutions, the kind that compete on relationships and local decision-making, hold more ground.
Top-3 Banks’ Deposit Share: Moderate
57%
The combined deposit share of the top three banks by deposits in the county. A lower share means deposits are spread across more institutions.

Ranks show where the county stands among the 1,523 ranked counties (those within a Combined or Metropolitan Statistical Area that have a branch). They describe relative position, not a rating of market quality or suitability.

Deposit trend

County Deposits (SOD, 2020 to 2025)+45.2% over 5 years
$3.8B
2020
$4.6B
2021
$4.9B
2022
$5.0B
2023
$5.3B
2024
$5.5B
2025

Branches: 53 in 2020 to 56 in 2025. Institutions: 19 to 23. Top-three share: 63% to 57%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
BankPlus$1.3B22.8%8+65%
Trustmark National Bank$1.1B19.1%7+14%
Regions Bank$810M14.7%7+12%
Renasant Bank$753M13.7%6+111%
Cadence Bank$425M7.7%4+87%
Origin Bank$329M6.0%2-6%
PriorityOne Bank$127M2.3%2+381%
Wells Fargo Bank$124M2.2%1+94%
Hancock Whitney Bank$114M2.1%1no 2020 presence
Community Bank of Mississippi$108M2.0%2-9%
First Commercial Bank$93M1.7%1+411%
The Citizens National Bank of Meridian$92M1.7%2+9%
BankFirst Financial Services$88M1.6%1-3%
JPMorgan Chase Bank$55M1.0%1no 2020 presence
Guaranty Bank and Trust Company$31M0.6%1no 2020 presence
RiverHills Bank$20M0.4%1+11%
Southern Bancorp Bank$11M0.2%2+78%
Bank of Yazoo City$9M0.2%1-3%
First Bank$8M0.1%1-47%
The Citizens Bank of Philadelphia, Mississippi$6M0.1%1no 2020 presence
First State Bank$1M<0.1%2no 2020 presence
FSNB$1M<0.1%1-42%
First National Banker's Bank$0M0.0%1no 2020 presence

The 23 insured institutions with a branch presence in this county, per the FDIC Summary of Deposits, June 30, 2025. Five-year change compares the same institution’s county deposits in 2020 and 2025. Institutions are tracked by FDIC certificate number, and where an institution acquired another bank, the acquired bank’s prior deposits are folded into the baseline so the change reflects the combined, continuing franchise rather than reading as new. “No 2020 presence” means neither the institution nor a bank it later absorbed reported deposits in this county that year. Deposit figures are nominal and are not adjusted for inflation.

Part of the Jackson-Vicksburg-Brookhaven market

Madison County is one of 10 counties that make up the Jackson-Vicksburg-Brookhaven, MS market, a Combined Statistical Area (ranked #85 of 293 U.S. markets by economic output). It produces 22.7% of the market’s output and holds 23.6% of its deposits.

MeasureMadison CountyShare of parent market
2024 GDP$8.1B22.7%
Deposits$5.5B23.6%
Population116,29816.9%

View the full Jackson-Vicksburg-Brookhaven market profile →

Recruiting in Madison County

Deposits are split among a moderate number of institutions. Who holds the deposits, and how contested the market is, shapes both the runway for growth and the competition you would be recruiting against. We recruit commercial relationship managers, banking teams, and market leaders for banks building in markets like Madison County.

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